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Article: HealthCentral.com Closes Its Acquisition of Vitamins.com.
- Article from:
- PR Newswire
- Article date:
- June 19, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Combined Company Is Streamlined to Focus on eCommerce
EMERYVILLE, Calif., June 19 /PRNewswire/ --
HealthCentral.com (Nasdaq: HCEN), a leading online provider of healthcare e-commerce and content, closed its acquisition of Vitamins.com on June 16, 2000, immediately following receipt of shareholder approval at its annual shareholders meeting.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19991227/HCENLOGO )
Shareholders of Vitamins.com capital stock received approximately 22.7 million shares of HealthCentral.com. Total shares outstanding after the merger are approximately 45.5 million.
"There is no additional cash burn ...